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New Electric Car Can Mine Crypto While Being Parked

Daymak, a Canadian light electric vehicle manufacturer, has recently declared that it is working on an electric car that will be able to mine Bitcoin, Ether, or Dogecoin, all while being parked or while charging.

The “Spiritus” electric car is scheduled for release in 2023, and it will include “an industry-leading GPU in mining price-to-profit.” Still, exact details regarding the potential of the mining hardware used weren’t clarified.

“Daymak Spiritus the first car in history with mining hardware and cryptocurrency technology programmed into the user interface,” reads the announcement.

The car is planned to be an “environmentally-friendly crypto miner node” that comes with the Daymak Nebula mining hardware, the Nebula crypto wallet, and solar charging capabilities. The company mentioned that, unlike other vehicles, Spiritus won’t become a depreciating asset:

“Whereas most vehicles are depreciating while they sit in your garage, the Nebula Miner will make you money while your Spiritus is parked.”

As impressive as this feature is, with the details we have now, it seems that mining crypto at such a small scale won’t turn out to be that profitable.

The Twitter account of “Documenting Bitcoin” found the idea of using renewable energy-backed crypto mining for a car funny and said that the idea is “pointless, but incredible.”

You can now pre-order the car and use Bitcoin, Ether, DOGE, or Cardano to pay. The deluxe model is priced at $19,995 and the ultimate one at $149,000.

Source: CoinTelegraph.com

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